XL reports a drop of 1Mn subscribers in Q1′09 (Indonesia)
· April 27th, 2009
· 10:21 am
With the rise in price of SIM cards, PT Excelcomindo Pratama, reports a drop of 1 million subscribers in Q1′09. The company’s President Director, Hasnul Suhaimi, said the number of subscribers had dropped to 25 million from 26 million in 2008.
“We increased the price of SIM cards to reduce the number of people who buy XL cards for one-time use and then throw them away,” Hasnul said, adding that this had happened because it was cheaper to buy new SIM cards than to recharge existing ones.
Although, XL is on the track to achieve its target of 30 million subscribers by the end of 2009.